Tax Reform

The GOP released its tax reform framework on Thursday, which it is heralding as a blueprint to boost growth for U.S. businesses both large and small, but larger corporations appeared more satisfied with the proposals than their smaller counterparts.

Can you believe this? After almost a decade of rising taxes we're finally getting a tax cut. And people are complaining? Really?

Can you believe this? After almost a decade of rising taxes we're finally getting a tax cut. And people are complaining? Really?

Under the GOP’s proposed tax law, the estate tax exemption will be doubled over the near-term, up from $5.49 million currently for individuals and nearly $11 million for married couples.

Under the GOP’s proposed tax law, the estate tax exemption will be doubled over the near-term, up from $5.49 million currently for individuals and nearly $11 million for married couples.

Taxation is theft, but now Republicans are playing Robinhood while they flirt with tax reform and get it half right.

Kimmie Candy Company Owner Joe Dutra on Thursday explained how President Trump’s tax plan will benefit small businesses.

Kimmie Candy Company Owner Joe Dutra on Thursday explained how President Trump’s tax plan will benefit small businesses.

The new House Republican tax reform plan released on Thursday calls for changes to the estate tax, otherwise known as the “death tax,” including its elimination after a period of six years.

The new House Republican tax reform plan released on Thursday calls for changes to the estate tax, otherwise known as the “death tax,” including its elimination after a period of six years.

Treasury Secretary Steven Mnuchin has a long way to go to get small businesses on board with the GOP’s tax plan in its current form, despite claims he made on Thursday that the newly-released plan would be a boon to their bottom lines.

Treasury Secretary Steven Mnuchin has a long way to go to get small businesses on board with the GOP’s tax plan in its current form, despite claims he made on Thursday that the newly-released plan would be a boon to their bottom lines.

The GOP will release the specific details of its long-awaited tax reform bill on Thursday, which President Donald Trump said he hopes will be approved by the House of Representatives by Thanksgiving.

The lackluster response of U.S. stocks to the details of the highly anticipated Republican tax reform bill supports the sentiment that tax reform was already baked into stock prices.

The lackluster response of U.S. stocks to the details of the highly anticipated Republican tax reform bill supports the sentiment that tax reform was already baked into stock prices.

On the eve of the House Ways and Means Committee releasing its tax reform bill, White House officials are expected to huddle with House Republicans from New Jersey on Wednesday in hopes of reaching an agreement on whether the coveted state and local tax deduction (SALT) will remain in the plan, FOX Business has learned.

Gov. Andrew Cuomo (D-NY) discusses the Republican tax reform plan.

Gov. Andrew Cuomo (D-NY) discusses the Republican tax reform plan.

The country’s largest companies paid about 27% in state, federal and international taxes in 2016, according to a new study released by WalletHub.

Two Republican lawmakers from New York are on the warpath after Rep. Kevin Brady said the tax reform bill coming Wednesday won't include a deduction for state income taxes.